Seán Haughey
Question:96. Deputy Seán Haughey asked the Minister for Finance if he will assist a company (details supplied) under the Covid restrictions support scheme; and if he will make a statement on the matter. [29955/21]
View answerWednesday, 2 June 2021
Questions (96)
Written answers
The Covid Restrictions Support Scheme (CRSS) is a targeted support for businesses significantly impacted by restrictions introduced by the Government under public health regulations to combat the effects of the Covid-19 pandemic. The support is available to companies, self-employed individuals and partnerships who carry on a trade or trading activities, the profits from which are chargeable to tax under Case I of Schedule D. The legislative basis for the scheme is set out in Finance Act 2020 and detailed operational guidelines, which are based on the terms and conditions of the scheme as set out in the legislation, have been published on the Revenue website.
A qualifying business must operate from a business premises located in a region that is subject to restrictions introduced in line with the Government’s Living with COVID-19 Plan. For the purposes of the scheme, a business premises is defined as a building or other similar fixed physical structure from which a business activity is ordinarily carried on.
Trading activities which are carried on from a customer facing premises such as a shop qualify for the scheme but activities that are ordinarily carried on outside of the business premises or through online activity are not eligible. Where a business carries on both types of trading activity, a partial CRSS payment may apply, based on an apportionment of turnover between the two activities.
I am advised by Revenue that the business in question appears to carry on both types of trading activity, i.e. trading from a business premises and from outside the business premises, and as such may be entitled to a partial payment of CRSS. Revenue has confirmed that it will contact the business to clarify the position and to advise on any necessary apportionment of its turnover.
Revenue has also confirmed that the business is in receipt of the Employment Wage Subsidy Scheme (EWSS) and is availing of the Debt Warehousing Scheme.